The Ministry of Municipalities and Housing has granted more than 21,000 investment opportunities in the Saudi cities’ financial portal “Furas” during 2025, and signed agreements with a total value of SR12.6 billion ($3.35 billion), as part of the approved framework in the municipal sector.
The opportunities provided covered multiple fields, including the development of municipal assets and service facilities, as per the approved regulatory frameworks. This allows the private sector to check on the prospects of investment and seek them in transparent processes.
It was observed that the investment contracts that were signed via the portal were part of the offering opportunities and the process of finalizing the contracting procedures, which helped in the activation of asset usage and the regulation of the contractual relationship with the investors.
In this regard, the ministry reported that more than 185 municipal contracts were signed, as part of a push to increase investment in public parks, develop their facilities and services, and improve the effectiveness of their operation and maintenance.
This contributes to enhancing the visitor experience and maintaining the sustainability of facilities, without making them look too much like open public spaces.
The ministry affirmed that the use of the “Furas” portal is one of the instruments of control over investment in the municipal sector, unifying the process of offering, increasing the degree of transparency, and structuring the investment cycle, to contribute to the efficiency of municipal asset management.
It further stated that the portal was being continuously developed as a part of the institutional and digital transformation journey, and the target was to make investment opportunities easy to access and streamline the process of offering and contracting activities in compliance with the relevant rules.
The Ministry of Municipalities and Housing affirmed that the results of the use of the portal for partnering with “Furas” are within the framework of its regulation of investment in the municipal sector and are consistent with the goals of Saudi Vision 2030 regarding the organization of the city and the sustainability of the sector.
